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Dec 6, 20196 min read

Reps pass 2020 budget

Reps pass 2020 budget
Galaxy TV · Business desk · Lagos

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The House of Representatives has passed the 2020 budget of 10,594,362,364,830 Naira.

During plenary on Thursday, the lawmakers insisted that the budget will run from 1st January to 31st December 2020, thereby returning the country to the January to December budget cycle.

In the budget, the ministry of works gets the highest capital allocation of 315,563,564,269 billion Naira while education gets a capital budget of 84,728,529,572 billion Naira respectively. 

The health sector follows closely with a capital budget of 59,909,430,837 billion naira

The National Assembly also increased its budget from 125 billion to 128 billion.

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Galaxy TV
Editorial Desk

Reporting for Galaxy TV from Lagos and Abuja, covering energy and national affairs across Nigeria and West Africa